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The AlleyWatch NYC Startup Daily Funding Report: 1/25/19

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The latest venture capital, seed, and angel deals for NYC startups for 1/25/19 featuring funding details for Edquity and Odyssey. This page will be updated throughout the day to reflect any new fundings.

Edquity
$500K


College financial aid planning app Edquity has raised $500K in funding led by Lumina Impact Ventures. This the first round of funding for Edquity, which was founded by David Helene in 2016.
Odyssey
$225K - SAFE


Media company Odyssey has raised $225K in the first close of a SAFE note according to a recent SEC filing. The total filing is for $7.5M and there was one participant in the close. Odyssey faced some growing pains in 2017 when its CEO was removed and the editorial staff was let go. The company for a short period of time was one of the fastest growing media companies with over 30M monthly users and had previously raised $31M in equity funding. Investors in previous rounds include Wakestream Ventures, Michael Lazerow, and Jason Epstein. The company was founded in 2009 by Adrian France and B. Evan Burns.

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